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  Dover Federal Checking Account
Dover Federal Checking Account
in Checking Accounts from Dover Federal Credit Union · Insured by NCUA
Unaffiliated

Dover Federal Checking Account

Unaffiliated
in Checking Accounts from Dover Federal Credit Union · Insured by NCUA
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Highlights
Cashback Rewards Starting at 3%
APY (Annual Percentage Yield) 0.10% - 4.65%
(Verified 08/22/2023)
Monthly Fee $0
(Verified 08/22/2023)
Minimum Balance to Avoid Monthly Fee N/A

Dover Federal Checking Account Review

Dover Federal Checking Account is offered by Dover Federal Credit Union, a credit union founded in 1958 and based in Dover, DE. Dover Federal Checking Account is available in 50 states (and Washington, DC).

Key Takeaways

  • Up to 4.65% annual percentage yield (APY). This account offers an annual percentage yield of up to 4.65%, which is much higher than the average for the checking accounts that we track.
  • $0 monthly fee. This account does not charge any monthly account fees.
  • No minimum initial deposit. There is no minimum balance required to open an account online.
  • Bill pay. Pay your bills to practically anyone in the United States through Dover Federal Credit Union.

Dover Federal Checking Account Pros & Cons

Pros Cons
  • Available in all 50 states.
  • High variable APY.
  • No signup bonus.
  • Online-only account with no access to physical branches.
  • Does not offer mobile check deposits.
  • Does not provide access to a nationwide ATM network.
  • Does not come with a debit card

Dover Federal Checking Account FAQ

Are checking accounts from Dover Federal Credit Union federally insured?

Yes, your checking accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What APY does Dover Federal Checking Account offer?

Dover Federal Checking Account offers an APY starting at 0.10% and ranging up to 4.65% (APY stands for annual percentage yield, rates may change).

Dover Federal Checking Account Rates and Terms
Rates Amount
APY (Annual Percentage Yield) 0.10% - 4.65%

What are the account minimums for Dover Federal Checking Account?

Dover Federal Checking Account does not require a minimum initial deposit.

Dover Federal Checking Account Minimums
Description
Minimum Opening Deposit $0

What fees does Dover Federal Checking Account charge?

The good news is that this account does not have a monthly Service Charge.

Dover Federal Checking Account Fees
Description
Monthly Fee $0

What features and perks does Dover Federal Checking Account offer?

This account includes the following features:

  • Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.

What is the customer support email for Dover Federal Checking Account?

The customer support email for Dover Federal Checking Account is mbrsvc@doverfcu.com.

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Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • Washington, DC
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Minimum Opening Deposit $0
Monthly Fee $0
(Verified 08/22/2023)
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
  • Proof of Identity
  • Social Security Number
Account Features
  • Free Bill Pay
  • No Monthly Maintenance Fee
  • Automatic Transfers
  • Online-Only Account
Cashback Rewards Starting at 3%
APY (Annual Percentage Yield) 0.10% - 4.65%
(Verified 08/22/2023)

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